February 2012 Big Bear Real Estate Stats

Below are the monthly real estate sales stats on single family residences for the month of February.  As I mentioned in the previous posting, there were 6 lakefront properties that sold last month in Big Bear Lake!  These properties varied from shallow- to deep-water (deep-water is always more expensive, of course); but the average sales price was almost $1.5 Million!  On the other end of our scale, the average sales price in Sugarloaf was only around $102K, so there really is something for everyone in the Big Bear Valley.  The average $/sqft in Big Bear City dropped quite a bit, but that was mostly because there were a couple of serious fixers that finally closed escrow.
Area#SalesAvg. Sale$/sqftSP/LPDOM
BBC20 $107,765 $98.4095% 89
BBL-general 5 $258,000$136.9298%123
BBL-lakeview 5 $377,100$187.6396%233
BBL-lakefront 6$1,468,307$356.5392%247
FOX 4 $435,750$166.3293%189
MOON 7 $245,214$169.6896%237
SUGA 9 $101,988 $99.7295%115

Have a great weekend and we’ll talk next when we get back from vacation!

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